Antero Midstream Co. (NYSE:AM - Get Free Report) Director Janine J. Mcardle bought 1,174 shares of the firm's stock in a transaction dated Friday, December 13th. The shares were acquired at an average price of $15.11 per share, for a total transaction of $17,739.14. Following the transaction, the director now directly owns 68,320 shares in the company, valued at approximately $1,032,315.20. This represents a 1.75 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Antero Midstream Trading Down 1.5 %
Shares of AM stock opened at $14.88 on Tuesday. Antero Midstream Co. has a fifty-two week low of $11.58 and a fifty-two week high of $16.00. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.09 and a current ratio of 1.09. The stock's fifty day moving average is $15.26 and its two-hundred day moving average is $14.85. The firm has a market capitalization of $7.16 billion, a P/E ratio of 18.37 and a beta of 2.39.
Antero Midstream Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Wednesday, October 23rd were paid a $0.225 dividend. This represents a $0.90 annualized dividend and a dividend yield of 6.05%. The ex-dividend date was Wednesday, October 23rd. Antero Midstream's dividend payout ratio is currently 111.11%.
Institutional Trading of Antero Midstream
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Large investors have recently bought and sold shares of the business. SG Americas Securities LLC acquired a new position in shares of Antero Midstream during the 2nd quarter worth approximately $559,000. Envestnet Portfolio Solutions Inc. lifted its position in Antero Midstream by 15.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 28,026 shares of the pipeline company's stock worth $413,000 after buying an additional 3,815 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in Antero Midstream by 10.9% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 157,957 shares of the pipeline company's stock worth $2,328,000 after buying an additional 15,564 shares during the last quarter. First Horizon Advisors Inc. grew its holdings in Antero Midstream by 24.2% in the 2nd quarter. First Horizon Advisors Inc. now owns 3,528 shares of the pipeline company's stock valued at $52,000 after buying an additional 688 shares in the last quarter. Finally, First Citizens Bank & Trust Co. acquired a new stake in shares of Antero Midstream in the 2nd quarter worth $239,000. Hedge funds and other institutional investors own 53.97% of the company's stock.
Analyst Ratings Changes
Several equities analysts have issued reports on the stock. StockNews.com raised shares of Antero Midstream from a "hold" rating to a "buy" rating in a report on Wednesday, December 11th. Morgan Stanley lifted their price objective on Antero Midstream from $15.00 to $16.00 and gave the stock an "underweight" rating in a report on Tuesday, August 27th.
Get Our Latest Research Report on Antero Midstream
Antero Midstream Company Profile
(
Get Free Report)
Antero Midstream Corporation owns, operates, and develops midstream energy assets in the Appalachian Basin. It operates in two segments, Gathering and Processing, and Water Handling. The Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collects and processes production from Antero Resources' wells in West Virginia and Ohio.
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